BenchMark Review SummaryFounded2016-05-30Registered Country/RegionBulgariaRegulationSuspicious CloneMarket InstrumentsForex/Indices/Stocks/Cryptocurrencies/Metals/ETF/Oil&gasDemo Account✅LeverageUp to 1:400Spread0.6 pipsTrading PlatformMT4/MT5(Desktop/Mobile/Web)Min Deposit0Customer SupportPhone: +359 2 962 54 05Phone: +359 2 962 57 95Email: office@benchmark.bgEmail: markets@benchmark.bgFacebook/Twitter/LinkedIn/YouTube/Tiktok/InstagramLive chatBenchMark Information BenchMark is a broker. The tradable instruments with a maximum leverage of 1:400 include forex, indices, stocks, cryptocurrencies, metals, ETF, and oil&gas. The broker also provides live and demo accounts. The minimum spread is as low as 0.6 pips and the minimum deposit is 0. BenchMark is still risky due to its suspicious clone status.Pros and ConsPros Cons Leverage up to 1:400Suspicious Clone24/5 customer supportIsland account unavailableMT4/MT5 availableSpread as low as 0.6 pipsDemo account availableVarious tradable instrumentsIs BenchMark Legit? BenchMark is regulated by AMF with license number 75973, BaFin with license number 137382, FCA with license number 621564, as well as CNMV with license number 4100, but the current status is 'suspicious clone'.What Can I Trade on BenchMark? BenchMark offers a wide range of market instruments, including forex, indices, stocks, cryptocurrencies, metals, ETFs, and oil and gas.Tradable Instruments Supported Forex✔Indices✔Stocks✔Cryptocurrencies✔Metals✔ETF✔Oil&gas✔Commodities❌Shares❌Bonds❌Mutual Funds❌Account Type BenchMark has two account types: live account and demo account. The demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.Account Type SupportedLive account✔Demo account✔BenchMark Fees The spread is as low as 0.6 pips. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.Trading Platform BenchMark cooperates with the authoritative MT4 and MT5 trading platforms available in iOS, Android, and Web to trade. Junior traders prefer MT4 over MT5, while traders with rich experience are more suitable for using MT5. MT4 and MT5 provide various trading strategies and implement EA systems.Trading PlatformSupported Available Devices Suitable for MT4✔Desktop/Mobile/WebJunior tradersMT5✔Desktop/Mobile/WebExperienced tradersDeposit and Withdrawal BenchMark accepts Bank Wire, Visa, MasterCard, and Maestro for deposit and withdrawal. The processing times are up to 30 minutes and associated fees are 0%.